Hicotronics Devices Private Limited

Electronic component trading company with partnerships with major brands.

1997 | Bangaluru, Karnataka (India) | Active
Last Updated:

Hicotronics Devices Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.70 M
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 104.25 Cr
  • Satisfied Charges ₹ 46.88 Cr
  • Revenue Growth 17.66%
  • Profit Growth 132.92%
  • Ebitda 96.65%
  • Net Worth 77.50%
  • Total Assets 7.39%

About Hicotronics Devices

Hicotronics Devices Private Limited (HDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1997 and has a history of 27 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Aerospace, Maritime And Defense Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.70 M.

The company currently has active open charges totaling ₹104.25 Cr. The company has closed loans amounting to ₹46.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Kumar, Jeetendra Chopra, and Sumit Chopra serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32103KA1997PTC022667

  • Company No.

    022667

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Aerospace, Maritime and Defense
Information Technology

What products or services does Hicotronics Devices Private Limited offer?

Hicotronics Devices Private Limited offers a wide range of products and services, including Industrial Automation Systems, Relays and Contactors, Relays.

Company report

Hicotronics Devices Private Limited

Explore comprehensive data for Hicotronics Devices Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Hicotronics Devices?

Board Members (3)

NameDesignationAppointment DateStatus
Suresh Kumar Country flag representing In Director 20-Aug-1997Current
Jeetendra Chopra Country flag representing In Director 30-Sep-2004Current
Sumit Chopra Country flag representing In Director 03-Apr-2014Current

Financial Performance of Hicotronics Devices.

Hicotronics Devices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.66% increase. The company also saw a substantial improvement in profitability, with a 132.92% increase in profit. The company's net worth Soared by an impressive increase of 77.5%.

Hicotronics Devices revenue growth over time
Hicotronics Devices profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.66%
Revenue from Operations
18.05%
Total Assets
7.39%
Profit or Loss
132.92%
Net Worth
77.50%
EBITDA
96.65%

What is the Ownership and Shareholding Structure of Hicotronics Devices?

In 2023, Hicotronics Devices had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,042.53 M

Satisfied Charges

₹468.85 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 103.65 Cr
  • Others : 0.61 Cr

Latest Charge Details

DateLenderAmountStatus
11 Apr 2023Others₹2.13 MOpen
27 Mar 2023Others₹3.94 MOpen
03 Jul 2020Hdfc Bank Limited₹52.22 CrOpen
26 Sep 2017Hdfc Bank Limited₹51.42 CrOpen
27 Dec 2016Canara Bank₹14.00 CrSatisfied

How Many Employees Work at Hicotronics Devices?

Hicotronics Devices has a workforce of 100 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Hicotronics Devices Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hicotronics Devices, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hicotronics Devices's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hicotronics Devices

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 514.23 M registered on 26 Sep 2017 with Charge ID 100130788 was modified on 31 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 522.23 M registered on 03 Jul 2020 with Charge ID 100354719 was modified on 18 Apr 2024.

  • Annual General Meeting

    Hicotronics Devices Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 2.13 M with Charge ID 100711334 was registered on 11 Apr 2023.

  • Balance Sheet

    Hicotronics Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 3.94 M with Charge ID 100711342 was registered on 27 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Hicotronics Devices Private Limited?

    Hicotronics Devices Private Limited was incorporated on 20 Aug 1997.

  • What is authorized share capital and paid-up capital of Hicotronics Devices Private Limited?

    The authorized share capital of Hicotronics Devices Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.70 M.

  • Who are the current board members & directors of Hicotronics Devices Private Limited?

    Currently 3 directors are associated with Hicotronics Devices Private Limited.

    • Suresh Chopra Kumar
    • Jeetendra Chopra
    • Sumit Chopra

  • What is the registered address of Hicotronics Devices Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hicotronics Devices Private Limited is 39/1 1St Main Road New Timber Yard Layout Near Satellite Bus Stand, Mysore Road Cr Oss India, Bangalore, Karnataka, 560026.

  • What is the corporate identification number (CIN) and company number of Hicotronics Devices Private Limited?

    The corporate identification number (CIN) of Hicotronics Devices Private Limited is U32103KA1997PTC022667 and the company number is 022667 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hicotronics Devices Private Limited?

    The Official website of Hicotronics Devices Private Limited is https://www.hicotronics.com

  • What has been the recent revenue trend for Hicotronics Devices Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hicotronics Devices Private Limited has risen by 17.66%.

  • How many employees does Hicotronics Devices Private Limited currently have?

    As Per 2023 financial reports, 100 employees are currently employed by Hicotronics Devices Private Limited.

  • What change has been observed in the net worth of Hicotronics Devices Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hicotronics Devices Private Limited has experienced an upsurge of 77.50%.

  • What are the total open charges for Hicotronics Devices Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hicotronics Devices Private Limited amount to ₹ 104.25 Cr.

  • When was the last Balance Sheet of Hicotronics Devices Private Limited filed with the ROC?

    The most recent Balance Sheet for Hicotronics Devices Private Limited was filed with the ROC on 31 Mar 2023.

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